#567

Philip Ng

Singapore 67 years old

Overview

Source of Wealth
Real Estate
Industry
Real Estate
Residence
Singapore
Education
Kings College London (Bachelor of Science in Engineering)
Massachusetts Institute of Technology (MIT) (Masters of Science in Technology)

Assets

  • Banyan Tree Holdings Ltd.
    21,750,000 shares @ -
    -
    B58-SG
  • Far East Hospitality Trust
    469,621,000 shares @ -
    -
    Q5T-SG
  • Far East Orchard
    78,077,000 shares @ -
    -
    O10-SG
  • Sino Hotels Ltd.
    309,180,000 shares @ -
    -
    1221-HK
  • Sino Land Co. Ltd.
    148,711,000 shares @ -
    -
    83-HK
  • Tsim Sha Tsui Properties Ltd.
    807,670,000 shares @ -
    -
    247-HK
  • Yeo Hiap Seng Ltd.
    143,719,000 shares @ -
    -
    Y03-SG

Biography

Philip Ng and his brother Robert control Far East Organization, Singapore's largest private landlord and property developer.

The group was founded by their father Ng Teng Fong, who moved from China to Singapore in 1934 and came to be known as "The King of Orchard Road."

Their Hong Kong arm, Sino Group, is run by older sibling Robert and his son Daryl, while Philip oversees the Singapore interests.

Singapore-listed Far East Orchard repurposed the century-old former Westminster Fire Station in London into a luxury development with 17 apartments and put it on sale in 2022.

About

The brothers are staunch Christians and refer to Far East as a Christian enterprise.

Founder Ng Teng Fong spurned his family's grocery store and got into real estate in 1960 against his father's wishes.